Crypto

Tether files trademark applications for name and logo in South Korea

Tether, the world’s largest stablecoin issuer, has filed multiple trademark applications in South Korea, including for its corporate brand and gold-linked stablecoin Tether Gold (XAUT). The move comes as discussions advance on tightening stablecoin rules, including possible requirements for foreign issuers to set up local branches. Rival Circle has also stepped up outreach in Korea and expanded platform partnerships. The domestic market is seen as large, though the regulatory framework is still unsettled.

Crypto

Institutional money flows in, but price does not: XRP flashes 50 percent drop warning

XRP spot exchange-traded funds have logged net inflows for nine straight sessions, but technical signals point to a possible sharp drop. XRP has fallen 12 percent over the past five days and broke below a bear pennant on a three-day chart, with a downside target of $0.65, about 52.5 percent below current levels. Analysts also flagged bearish weekly indicators and weakening short-term momentum.